For Monday, animal proteins were called steady for the start of the week. Several participants are currently traveling for The Jacobsen Conference in Chicago while others communicated testing the market since unease has been high.
For the week ending May 20th, 2023, hog slaughter is forecast at 2.350 million head, a 2.2 percent decrease from 2022 and a 1.1 percent drop from the prior week. According to the USDA Actual Slaughter Under Federal Inspection for April 29th, average live weights were at 291 pounds. Over the next six weeks, hog slaughter is expected to average 2.325 million head per week, 0.9 percent over 2022 but 0.3 percent lower from 2021 levels for the…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...